Flowers Foods Inc (FLO)

Operating profit margin

		Dec 31, 2023	Oct 7, 2023	Jul 15, 2023	Apr 22, 2023	Dec 31, 2022	Oct 8, 2022	Apr 23, 2022	Dec 31, 2021	Oct 9, 2021	Jul 17, 2021	Apr 24, 2021	Dec 31, 2020	Sep 30, 2020	Jul 11, 2020	Apr 18, 2020	Dec 31, 2019	Oct 5, 2019	Jul 13, 2019	Apr 20, 2019	Dec 31, 2018
Operating income (ttm)	US$ in thousands	172,870	187,067	301,867	325,288	285,291	273,314	291,784	294,920	318,565	319,438	324,726	321,488	247,933	253,595	246,720	225,428	251,582	246,380	226,310	212,344
Revenue (ttm)	US$ in thousands	5,090,830	5,044,470	5,003,380	5,211,260	4,660,260	4,605,390	4,464,530	4,330,770	4,370,320	4,332,170	4,340,720	4,387,990	4,282,709	4,259,620	4,209,519	4,123,979	4,086,887	4,043,775	4,009,299	3,951,849
Operating profit margin		3.40%	3.71%	6.03%	6.24%	6.12%	5.93%	6.54%	6.81%	7.29%	7.37%	7.48%	7.33%	5.79%	5.95%	5.86%	5.47%	6.16%	6.09%	5.64%	5.37%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $172,870K ÷ $5,090,830K
= 3.40%

The operating profit margin of Flowers Foods Inc has exhibited fluctuations over the past few years, ranging from a low of 3.40% to a high of 7.48%. In the most recent period, the operating profit margin stood at 3.40%, showing a decline compared to the previous periods. Despite this decline, the company has historically maintained a relatively stable operating profit margin, with the majority of values hovering around the 6% range. This indicates that Flowers Foods Inc has been able to effectively manage its operating expenses relative to its sales revenue, although there may be room for improvement in certain periods. Monitoring and analyzing the factors impacting the operating profit margin could help identify areas for potential efficiency and profitability enhancements in the future.